The government will not change its current policy to subsidize imported essential goods and food up until next March, the government spokesman said.
“There won’t be any change in the forex rates and the government policy is to allocate [subsidized] currency until the end of this fiscal year,” Ali Rabi’e wrote in a Tweeter post on Wednesday.
He rejected “rumors” about scrapping cheap currency for importing food and other essential goods, saying such speculations only help add to chaos and volatilities in the currency market.
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